WEB3 VS METAVERSE

WEB3 VS METAVERSE

 

WEB3 VS METAVERSE

  • They are built on similar technology; they both use AI(Artificial Intelligence) for advanced user interface and also semantic web
  • They are both in the early stages
  • They both evolve with changes in blockchain technology

You can also read : How is Blockchain Linked with the Real Estate Industry?

  • OBJECTIVE; web3 objective is to create a decentralized and democratic internet while metaverse wants to establish an interactive 3D reality for users’ effortless and realistic interactions.
  • APPLICATION; Web 3.0 is the process engine that uses the blockchain’s advances while metaverse uses web3 advances to function properly and grant access to users.
  • OWNERSHIP BATTLE; the goal of web3 is to make the internet a public-controlled property, an example is BTC, while the goal of a metaverse is to facilitate full ownership of one’s intellectual property
  • PERCEPTION OF REALITY; Web 3.0 is primarily concerned with who will rule and govern the internet in the future(this is because they want the people to rule), and the Metaverse is concerned with how users will interact with it.
  • APPLICATION; web3 has applications like Bitcoin(the first and largest cryptocurrency), Apple siri, and Opensea, while metaverse has features like online shopping, NFT, and video games.

You can also read : Can Life Exist on the Blockchain?

Credit : Medium

By |2022-10-20T17:28:11+05:30October 20th, 2022|Metaverse, Technology|Comments Off on WEB3 VS METAVERSE

About the Author:

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Rachita Nayar is a talented technical writer who is well-versed in writing technical content related to AI, ML, blockchain, metaverse, and other cutting-edge technologies. With her passion for technology and knack for clear and concise writing, Rachita plays a crucial role in communicating complex blockchain concepts to a wide range of audiences. Her expertise lies in crafting user-friendly documentation, informative articles, and engaging content that simplifies intricate technical concepts into easily understandable language. Outside of her professional pursuits, Rachita indulges in her love for baking. When she's not writing, you can often find her experimenting with new recipes in the kitchen, creating delicious treats that delight her friends and family. With a strong background in technical writing and a deep interest in blockchain technology, Rachita Nayar combines her skills and enthusiasm to deliver informative and engaging content to readers worldwide. Her dedication to clarity, accuracy, and a touch of creativity sets her apart as a technical writer in the dynamic and ever-evolving world of blockchain technology.

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